$CHESS Rockets +20% – Bullish Momentum Building Up
CHESS has surged over +20.90%, currently trading around $0.0885, hitting its 24h high. Price action shows strong bullish structure with continuous higher highs and increasing volume. This marks a sharp breakout from consolidation.
Key Observations:
• Resistance Zone: $0.0886 – $0.0900
• Support Area: $0.0850 – $0.0860
Potential Trade Setup:
• Entry Zone: $0.0860 – $0.0880 (pullback ideal)
• Stop Loss: Below $0.0840
• Target 1: $0.0925
• Target 2: $0.0980 (round figure psychological resistance)
CHESS has flipped major resistance into support with high confidence. A healthy pullback could present a prime long opportunity toward $0.092+ range. Traders should watch for sustained volume and candle closes above $0.088.
